Seaway 7 AS

Common Name
Seaway 7
Country
Norway
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
565
Ticker
SEAW7
Exchange
EURONEXT GROWTH
Description
Seaway 7 ASA, together with its subsidiaries, engages in the provision of marine services worldwide. The company offers cable laying services, including submarine cable- and subsea umbilical installat...

Seaway 7 EU Taxonomy Data Preview

In 2022, Seaway 7 was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Seaway 7 has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Seaway 7 are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Seaway 7's Revenues from Sustainable Activities

In 2022, Seaway 7 reported EU Taxonomy-eligible revenues of USD 1.03 billion, representing 92% of its total turnover. Of this amount, USD 998.00 million of Seaway 7's revenues was classified as EU Taxonomy-aligned, indicating that 89% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Seaway 7's revenue is eligible under the EU Taxonomy?

In 2022, Seaway 7 reported that USD 1.03 billion of its revenue was eligible under the EU Taxonomy, representing 92% of the company's total turnover. Of this amount, USD 998.00 million (89% of total revenue) was classified as Taxonomy-aligned. This means that 3% of Seaway 7's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.

How much of Seaway 7's eligible revenue is aligned with the EU Taxonomy?

In 2022, Seaway 7 reported that USD 998.00 million of its revenue was aligned under the EU Taxonomy, representing 89% of its total turnover.

This strong alignment suggests that Seaway 7 has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.

Seaway 7's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(8.0%)Total TaxonomyAligned A1 Turnover(89.0%)Total TaxonomyEligible but NotAligned A2 Turnover(3.0%)

Seaway 7's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Seaway 7's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2022, Seaway 7 reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 89%
  • Climate Change Adaptation: 0%

How much revenue does Seaway 7 earn from selling climate-related solutions ?

In 2022, Seaway 7 reported that USD 995.91 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 89% of the company's total revenue, indicating that Seaway 7 primarily focuses on solutions that support climate action through its commercial activities.

Insights into Seaway 7's CAPEX from Sustainable Activities

In 2022, Seaway 7 reported EU Taxonomy-eligible CAPEX of USD 122.00 million, representing 67% of its total CAPEX. Of this amount, USD 122.00 million of Seaway 7's CAPEX was classified as EU Taxonomy-aligned, indicating that 67% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Seaway 7's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2022, Seaway 7 reported that USD 122.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 67% of the company's total CAPEX. Of this amount, USD 122.00 million (67% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Seaway 7's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Seaway 7's eligible CAPEX is aligned with the EU Taxonomy?

In 2022, Seaway 7 reported that USD 122.00 million of its CAPEX was aligned under the EU Taxonomy, representing 67% of its total capital investment.

This strong alignment suggests that Seaway 7 is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Seaway 7's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(33.0%)Total TaxonomyAligned A1 Capex(67.0%)

Seaway 7's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Seaway 7's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2022, Seaway 7 reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 67%
  • Climate Change Adaptation: 0%

How much Seaway 7 is investing in climate-related solutions?

In 2022, Seaway 7 allocated USD 121.94 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 67% of the company's total capital expenditure, indicating that Seaway 7 is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Seaway 7's OPEX from Sustainable Activities

In 2022, Seaway 7 reported EU Taxonomy-eligible OPEX of USD 15.40 million, representing 41% of its total operating expenses (OPEX). Of this amount, USD 15.40 million of Seaway 7's OPEX was classified as EU Taxonomy-aligned, indicating that 41% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Seaway 7's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2022, Seaway 7 reported that USD 15.40 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 41% of the company's total OPEX. Of this amount, USD 15.40 million (41% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Seaway 7's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Seaway 7's eligible OPEX is aligned with the EU Taxonomy?

In 2022, Seaway 7 reported that USD 15.40 million of its OPEX was aligned under the EU Taxonomy, representing 41% of its total operational expenditure.

This moderate level of alignment indicates that Seaway 7 is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Seaway 7's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(59.0%)Total TaxonomyAligned A1 Opex(41.0%)

Seaway 7's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Seaway 7's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2022, Seaway 7 reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 41%

How much of Seaway 7's operational budget supports climate-related solutions?

In 2022, Seaway 7 allocated USD 15.58 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 41% of the company's total OPEX, indicating that Seaway 7 is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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